The global naphtha market was valued at US$ 102.6 Bn in 2016, and is
expected to reach US$ 230.9 Bn by 2030, expanding at a CAGR of 5.97%
from 2016 to 2030.

Global naphtha market is projected to witness significant growth over
the forecast period. Growing demand for naphtha as a feedstock in
petrochemical industry is projected to drive the demand for naphtha over
the forecast period. Increasing use of plastic products fueling the
demand for the polypropylene and polyethylene which in turn is driving
the demand for naphtha used as a feedstock for the production olefins
and aromatics using in production of paints and coatings. Further,
naphtha also finds application in blending with gasoline. Growing demand
for gasoline is anticipated to augment the growth of global naphtha
market.